UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT
INVESTMENT COMPANY
Investment Company Act File number 811-8621
Name of Fund: BlackRock MuniHoldings New Jersey Insured Fund, Inc.
Fund Address: P.O. Box 9011
Princeton, NJ 08543-9011
Name and address of agent for service: Robert C. Doll, Jr., Chief Executive
Officer, BlackRock MuniHoldings New Jersey Insured Fund, Inc., 800
Scudders Mill Road, Plainsboro, NJ, 08536. Mailing address: P.O. Box
9011, Princeton, NJ, 08543-9011
Registrant's telephone number, including area code: (609) 282-2800
Date of fiscal year end: 07/31/2007
Date of reporting period: 02/01/07 - 04/30/07
Item 1 - Schedule of Investments
BlackRock MuniHoldings New Jersey Insured Fund, Inc.
Schedule of Investments as of April 30, 2007 (in Thousands)
Face
Amount Municipal Bonds Value
New Jersey - 146.7% $ 1,875 Atlantic Highlands, New Jersey, Highland Regional Sewer Authority,
Sewer Revenue Refunding Bonds, 5.50% due 1/01/2020 (b) $ 2,001
2,635 Camden County, New Jersey, Improvement Authority, Lease Revenue Bonds,
5.375% due 9/01/2010 (c)(h) 2,775
1,540 Camden County, New Jersey, Improvement Authority, Lease Revenue Bonds,
5.50% due 9/01/2010 (c)(h) 1,628
430 Carteret, New Jersey, Board of Education, COP, 6% due 1/15/2010 (d)(h) 460
2,500 Delaware River and Bay Authority Revenue Bonds, 5% due 1/01/2033 (d) 2,605
4,630 Delaware River Joint Toll Bridge Commission of New Jersey and Pennsylvania,
Bridge Revenue Refunding Bonds, 5% due 7/01/2028 4,806
5,000 Delaware River Port Authority of Pennsylvania and New Jersey Revenue Bonds,
5.50% due 1/01/2012 (c) 5,221
6,000 Delaware River Port Authority of Pennsylvania and New Jersey Revenue Bonds,
5.625% due 1/01/2013 (c) 6,288
500 Delaware River Port Authority of Pennsylvania and New Jersey Revenue Bonds,
5.75% due 1/01/2015 (c) 525
4,865 Delaware River Port Authority of Pennsylvania and New Jersey Revenue Bonds, 6%
due 1/01/2018 (c) 5,144
5,525 Delaware River Port Authority of Pennsylvania and New Jersey Revenue Bonds, 6%
due 1/01/2019 (c) 5,842
2,425 Delaware River Port Authority of Pennsylvania and New Jersey Revenue Bonds
(Port District Project), Series B, 5.625% due 1/01/2026 (c) 2,533
7,895 East Orange, New Jersey, Board of Education, COP, 5.50% due 8/01/2012 (c) 8,364
4,000 Essex County, New Jersey, Improvement Authority, Lease Revenue Bonds
(Correctional Facility Project), 6% due 10/01/2010 (b)(h) 4,297
4,400 Essex County, New Jersey, Improvement Authority Revenue Bonds, Series A, 5%
due 10/01/2013 (b)(h) 4,720
9,000 Garden State Preservation Trust of New Jersey, Capital Appreciation Revenue
Bonds, Series B, 5.12% due 11/01/2023 (c)(k) 4,474
Portfolio
Abbreviations
To simplify the listings of BlackRock MuniHoldings New Jersey Insured
Fund, Inc.'s portfolio holdings in the Schedule of Investments, we have
abbreviated the names of many of the securities according to the list below.
AMT Alternative Minimum Tax (subject to)
COP Certificates of Participation
EDA Economic Development Authority
GO General Obligation Bonds
RIB Residual Interest Bonds
S/F Single-Family
Schedule of Investments as of April 30, 2007 (concluded) (in Thousands)
Face
Amount Municipal Bonds Value
New Jersey $ 10,000 Garden State Preservation Trust of New Jersey, Capital Appreciation Revenue
(concluded) Bonds, Series B, 5.20% due 11/01/2025 (c)(k) $ 4,510
1,960 Garden State Preservation Trust of New Jersey, Open Space and Farmland
Preservation Revenue Bonds, Series A, 5.80% due 11/01/2021 (c) 2,233
2,730 Garden State Preservation Trust of New Jersey, Open Space and Farmland
Preservation Revenue Bonds, Series A, 5.80% due 11/01/2023 (c) 3,111
9,160 Garden State Preservation Trust of New Jersey, Open Space and Farmland
Preservation Revenue Bonds, Series A, 5.75% due 11/01/2028 (c) 11,172
5,000 Garden State Preservation Trust of New Jersey, Open Space and Farmland
Preservation, Revenue Refunding Bonds, Series C, 5.25% due 11/01/2020 (c) 5,647
7,705 Garden State Preservation Trust of New Jersey, Open Space and Farmland
Preservation, Revenue Refunding Bonds, Series C, 5.25% due 11/01/2021 (c) 8,730
6,640 Hopatcong, New Jersey, GO, Sewer Refunding Bonds, 4.50% due 8/01/2033 (a) 6,690
2,230 Jersey City, New Jersey, GO, Series B, 5.25% due 9/01/2011 (c)(h) 2,387
5,250 Lafayette Yard, New Jersey, Community Development Revenue Bonds (Hotel/
Conference Center Project-Trenton), 6% due 4/01/2010 (d)(h) 5,633
1,550 Middlesex County, New Jersey, COP, 5.25% due 6/15/2023 (d) 1,602
1,375 Middlesex County, New Jersey, COP, Refunding, 5.50% due 8/01/2016 (d) 1,471
5,270 Middlesex County, New Jersey, Improvement Authority, Lease Revenue Bonds
(Educational Services Commission Projects), 6% due 7/15/2010 (h) 5,685
500 Middlesex County, New Jersey, Improvement Authority Revenue Bonds (Senior
Citizens Housing Project), AMT, 5.50% due 9/01/2030 (a) 521
1,540 Monmouth County, New Jersey, Improvement Authority Revenue Refunding Bonds,
5.35% due 12/01/2017 (a) 1,623
1,470 Monmouth County, New Jersey, Improvement Authority Revenue Refunding Bonds,
5.375% due 12/01/2018 (a) 1,549
2,700 New Jersey EDA, Cigarette Tax Revenue Bonds, 5.625% due 6/15/2019 2,819
2,000 New Jersey EDA, Cigarette Tax Revenue Bonds, 5.75% due 6/15/2029 2,164
585 New Jersey EDA, Cigarette Tax Revenue Bonds, 5.50% due 6/15/2031 621
1,180 New Jersey EDA, Cigarette Tax Revenue Bonds, 5.75% due 6/15/2034 1,270
5,000 New Jersey EDA, Lease Revenue Bonds (University of Medicine and Dentistry-
International Center for Public Health Project), 6% due 6/01/2032 (a) 5,320
7,500 New Jersey EDA, Motor Vehicle Surcharge Revenue Bonds, Series A, 5.25% due
7/01/2026 (d) 8,604
11,105 New Jersey EDA, Motor Vehicle Surcharge Revenue Bonds, Series A, 5.25% due
7/01/2033 (d) 11,912
2,000 New Jersey EDA, Motor Vehicle Surcharge Revenue Bonds, Series A, 5% due
7/01/2034 (d) 2,100
18,920 New Jersey EDA, Natural Gas Facilities Revenue Refunding Bonds (NUI
Corporation Projects), AMT, Series A, 5.70% due 6/01/2032 (d) 19,322
1,000 New Jersey EDA, Parking Facility Revenue Bonds (Elizabeth Development
Company Project), 5.60% due 10/15/2007 (b)(h) 1,028
9,000 New Jersey EDA, School Facilities Construction Revenue Bonds, Series L, 5%
due 3/01/2030 (c) 9,488
8,420 New Jersey EDA, School Facilities Construction Revenue Bonds, Series O, 5.25%
due 3/01/2023 9,116
2,500 New Jersey EDA, Solid Waste Disposal Facilities Revenue Bonds (Waste Management
Inc.), AMT, Series A, 5.30% due 6/01/2015 2,629
2,670 New Jersey EDA, State Lease Revenue Bonds (Liberty State Park Project), Series C,
5% due 3/01/2022 (c) 2,849
3,000 New Jersey EDA, State Lease Revenue Bonds (State Office Buildings Projects), 6%
due 6/15/2010 (a)(h) 3,205
4,620 New Jersey EDA, State Lease Revenue Bonds (State Office Buildings Projects),
6.25% due 6/15/2010 (a)(h) 4,969
10,775 New Jersey Health Care Facilities Financing Authority, Department of Human
Services Revenue Bonds (Greystone Park Psychiatric Hospital Project), 5%
due 9/15/2023 (a) 11,433
3,015 New Jersey Health Care Facilities Financing Authority Revenue Bonds (RWJ
Healthcare Corporation), Series B, 5% due 7/01/2035 (i) 3,148
2,820 New Jersey Health Care Facilities Financing Authority Revenue Bonds (Society of
the Valley Hospital), 5.375% due 7/01/2025 (a) 2,944
2,135 New Jersey Health Care Facilities Financing Authority Revenue Bonds (Somerset
Medical Center), 5.50% due 7/01/2033 2,217
5,440 New Jersey Health Care Facilities Financing Authority Revenue Bonds (South
Jersey Hospital), 6% due 7/01/2012 (h) 5,989
4,000 New Jersey Health Care Facilities Financing Authority, Revenue Refunding Bonds
(AHS Hospital Corporation), Series A, 6% due 7/01/2013 (a) 4,454
1,455 New Jersey Health Care Facilities Financing Authority, Revenue Refunding Bonds
(Atlantic City Medical Center), 6.25% due 7/01/2017 1,606
3,500 New Jersey Health Care Facilities Financing Authority, Revenue Refunding Bonds
(Atlantic City Medical Center), 5.75% due 7/01/2025 3,741
1,775 New Jersey Health Care Facilities Financing Authority, Revenue Refunding Bonds
(Holy Name Hospital), 6% due 7/01/2025 1,815
1,000 New Jersey Health Care Facilities Financing Authority, Revenue Refunding Bonds
(Meridian Health System Obligation Group), 5.375% due 7/01/2024 (c) 1,038
5,890 New Jersey Sports and Exposition Authority, Luxury Tax Revenue Refunding Bonds
(Convention Center), 5.50% due 3/01/2021 (d) 6,761
3,000 New Jersey Sports and Exposition Authority, Luxury Tax Revenue Refunding Bonds
(Convention Center), 5.50% due 3/01/2022 (d) 3,463
2,400 New Jersey Sports and Exposition Authority, State Contract Revenue Bonds,
Series A, 6% due 3/01/2013 (d) 2,544
7,500 New Jersey State Educational Facilities Authority, Higher Education, Capital
Improvement Revenue Bonds, Series A, 5.125% due 9/01/2012 (a)(h) 8,024
9,420 New Jersey State Educational Facilities Authority Revenue Bonds (Capital
Improvement Fund), Series A, 5.75% due 9/01/2010 (c)(h) 10,030
1,200 New Jersey State Educational Facilities Authority Revenue Bonds (Montclair
State University), Series A, 5% due 7/01/2021 (a) 1,290
2,880 New Jersey State Educational Facilities Authority Revenue Bonds (Montclair
State University), Series A, 5% due 7/01/2022 (a) 3,092
3,260 New Jersey State Educational Facilities Authority Revenue Bonds (Rowan
University), Series C, 5% due 7/01/2014 (d)(h) 3,506
3,615 New Jersey State Educational Facilities Authority Revenue Bonds (Rowan
University), Series C, 5.125% due 7/01/2014 (d)(h) 3,915
800 New Jersey State Educational Facilities Authority Revenue Bonds (Rowan
University), Series G, 4.50% due 7/01/2031 (d) 801
7,510 New Jersey State Educational Facilities Authority, Revenue Refunding Bonds
(Montclair State University), Series L, 5% due 7/01/2014 (d)(h) 8,075
1,250 New Jersey State Educational Facilities Authority, Revenue Refunding Bonds
(Ramapo College), Series I, 4.25% due 7/01/2031 (a) 1,222
2,000 New Jersey State Educational Facilities Authority, Revenue Refunding Bonds
(Ramapo College), Series I, 4.25% due 7/01/2036 (a) 1,944
1,800 New Jersey State Educational Facilities Authority, Revenue Refunding Bonds
(Rowan University), Series B, 4.25% due 7/01/2034 (b) 1,753
2,375 New Jersey State Educational Facilities Authority, Revenue Refunding Bonds
(Rowan University), Series C, 5.25% due 7/01/2017 (b) 2,532
2,820 New Jersey State Educational Facilities Authority, Revenue Refunding Bonds
(Rowan University), Series C, 5.25% due 7/01/2018 (b) 2,999
2,635 New Jersey State Educational Facilities Authority, Revenue Refunding Bonds
(Rowan University), Series C, 5.25% due 7/01/2019 (b) 2,802
1,410 New Jersey State Educational Facilities Authority, Revenue Refunding Bonds
(Rowan University), Series C, 5% due 7/01/2031 (b) 1,469
11,225 New Jersey State Housing and Mortgage Finance Agency, Capital Fund Program
Revenue Bonds, Series A, 4.70% due 11/01/2025 (c) 11,480
745 New Jersey State Housing and Mortgage Finance Agency, Home Buyer Revenue Bonds,
AMT, Series U, 5.60% due 10/01/2012 (d) 760
2,140 New Jersey State Housing and Mortgage Finance Agency, Home Buyer Revenue Bonds,
AMT, Series U, 5.65% due 10/01/2013 (d) 2,182
2,395 New Jersey State Housing and Mortgage Finance Agency, Home Buyer Revenue Bonds,
AMT, Series U, 5.75% due 4/01/2018 (d) 2,443
640 New Jersey State Housing and Mortgage Finance Agency, Home Buyer Revenue Bonds,
AMT, Series U, 5.85% due 4/01/2029 (d) 652
800 New Jersey State Housing and Mortgage Finance Agency, S/F Housing Revenue
Refunding Bonds, AMT, Series T, 4.70% due 10/01/2037 795
5,000 New Jersey State Transit Corporation, COP (Federal Transit Administration Grants),
Series A, 6.125% due 9/15/2009 (a)(h) 5,268
7,500 New Jersey State Transportation Trust Fund Authority, Transportation System
Revenue Bonds, Series A, 6% due 6/15/2010 (h) 8,011
1,400 New Jersey State Transportation Trust Fund Authority, Transportation System
Revenue Bonds, Series C, 5.05% due 12/15/2035 (a)(k) 395
5,500 New Jersey State Transportation Trust Fund Authority, Transportation System
Revenue Bonds, Series C, 5.05% due 12/15/2036 (a)(k) 1,480
7,800 New Jersey State Transportation Trust Fund Authority, Transportation System
Revenue Bonds, Series D, 5% due 6/15/2019 (c) 8,333
10,750 New Jersey State Transportation Trust Fund Authority, Transportation System
Revenue Refunding Bonds, Series A, 5.25% due 12/15/2020 (c) 12,090
9,165 New Jersey State Transportation Trust Fund Authority, Transportation System
Revenue Refunding Bonds, Series B, 5.50% due 12/15/2021 (d) 10,576
7,615 New Jersey State Turnpike Authority, Turnpike Revenue Bonds, Series B, 5.15%
due 1/01/2035 (a)(k) 5,495
4,610 New Jersey State Turnpike Authority, Turnpike Revenue Refunding Bonds, Series C,
6.50% due 1/01/2016 (d)(g) 5,335
910 New Jersey State Turnpike Authority, Turnpike Revenue Refunding Bonds, Series C,
6.50% due 1/01/2016 (d) 1,048
4,665 New Jersey State Turnpike Authority, Turnpike Revenue Refunding Bonds, Series C-1,
4.50% due 1/01/2031 (a) 4,669
2,500 Newark, New Jersey, Housing Authority, Port Authority-Port Newark Marine Terminal,
Additional Rent-Backed Revenue Refunding Bonds (City of Newark Redevelopment
Projects), 4.375% due 1/01/2037 (d) 2,469
1,000 North Bergen Township, New Jersey, Board of Education, COP, 6% due
12/15/2010 (c)(h) 1,087
3,260 North Bergen Township, New Jersey, Board of Education, COP, 6.25% due
12/15/2010 (c)(h) 3,572
4,335 North Hudson Sewage Authority, New Jersey, Sewer Revenue Refunding Bonds, 5.125%
due 8/01/2020 (d) 4,842
1,035 Orange Township, New Jersey, Municipal Utility and Lease, GO, Refunding, Series C,
5.10% due 12/01/2017 (d) 1,067
1,980 Paterson, New Jersey, Public School District, COP, 6.125% due 11/01/2015 (d) 2,110
2,000 Paterson, New Jersey, Public School District, COP, 6.25% due 11/01/2019 (d) 2,138
13,500 Port Authority of New York and New Jersey, Special Obligation Revenue Bonds
(JFK International Air Terminal LLC), AMT, Series 6, 6.25% due 12/01/2011 (d) 14,809
1,500 Port Authority of New York and New Jersey, Special Obligation Revenue Bonds
(JFK International Air Terminal LLC), AMT, Series 6, 6.25% due 12/01/2015 (d) 1,736
3,000 Port Authority of New York and New Jersey, Special Obligation Revenue Bonds
(JFK International Air Terminal LLC), AMT, Series 6, 5.75% due 12/01/2025 (d) 3,032
650 Port Authority of New York and New Jersey, Special Obligation Revenue Bonds
(JFK International Air Terminal LLC), RIB, AMT, Series 157, 7.24% due
12/01/2022 (d)(e)(n) 690
9,600 Rahway Valley Sewerage Authority, New Jersey, Sewer Revenue Bonds (Capital
Appreciation), Series A, 4.79% due 9/01/2028 (d)(k) 3,777
3,750 South Jersey Port Corporation of New Jersey, Revenue Refunding Bonds, 4.50%
due 1/01/2015 3,852
1,920 South Jersey Port Corporation of New Jersey, Revenue Refunding Bonds, 4.50%
due 1/01/2016 1,968
1,500 South Jersey Port Corporation of New Jersey, Revenue Refunding Bonds, 5% due
1/01/2026 1,554
2,000 South Jersey Port Corporation of New Jersey, Revenue Refunding Bonds, 5.10% due
1/01/2033 2,077
4,755 Tobacco Settlement Financing Corporation of New Jersey, Asset-Backed Revenue
Bonds, 7% due 6/01/2013 (h) 5,586
2,000 University of Medicine and Dentistry of New Jersey, COP, 5% due 6/15/2029 (d) 2,104
4,740 University of Medicine and Dentistry of New Jersey, Revenue Bonds, Series A,
5.50% due 12/01/2027 (a) 5,110
8,580 West Deptford Township, New Jersey, GO, 5.625% due 9/01/2010 (b)(h) 9,102
3,615 West Orange, New Jersey, Board of Education, COP, 6% due 10/01/2009 (d)(h) 3,844
Puerto Rico - 9.0% 4,500 Puerto Rico Commonwealth Highway and Transportation Authority, Transportation
Revenue Refunding Bonds, Series J, 5% due 7/01/2029 (d) 4,746
3,480 Puerto Rico Commonwealth Highway and Transportation Authority, Transportation
Revenue Refunding Bonds, Series K, 5% due 7/01/2015 (h) 3,781
2,800 Puerto Rico Commonwealth Highway and Transportation Authority, Transportation
Revenue Refunding Bonds, Series N, 5.25% due 7/01/2039 (b) 3,288
4,000 Puerto Rico Commonwealth Infrastructure Financing Authority, Special Tax and
Capital Appreciation Revenue Bonds, Series A, 4.34% due 7/01/2037 (a) 1,047
6,830 Puerto Rico Electric Power Authority, Power Revenue Bonds, Series HH, 5.25%
due 7/01/2010 (c)(h) 7,219
5,100 Puerto Rico Electric Power Authority, Power Revenue Bonds, Series RR, 5% due
7/01/2028 (f) 5,387
1,780 Puerto Rico Industrial, Tourist, Educational, Medical and Environmental
Control Facilities Revenue Bonds (Hospital Auxilio Mutuo Obligation Group),
Series A, 6.25% due 7/01/2024 (d) 1,793
1,750 Puerto Rico Industrial, Tourist, Educational, Medical and Environmental Control
Facilities Revenue Bonds (Hospital de la Concepcion), Series A, 6.50% due
11/15/2020 1,912
Total Municipal Bonds (Cost - $478,919) - 155.7% 502,981
Municipal Bonds Held in Trust (m)
New Jersey - 5.8% 6,310 New Jersey EDA, Natural Gas Facilities Revenue Refunding Bonds (NUI Corporation
Projects), AMT, Series A, 5.70% due 6/01/2032 (d) 6,444
3,030 Port Authority of New York and New Jersey, Special Obligation Revenue Bonds
(JFK International Air Terminal), AMT, Series 6, 5.75% due 12/01/2022 (d) 3,121
8,650 Trenton, New Jersey, Parking Authority, Parking Revenue Bonds, 6.10%
due 4/01/2010 (b)(h) 9,227
Total Municipal Bonds Held in Trust (Cost - $18,570) - 5.8% 18,792
Shares
Held Short-Term Securities
7,032 CMA New Jersey Municipal Money Fund, 3.29% (j)(l) 7,032
Total Short-Term Securities (Cost - $7,032) - 2.2% 7,032
Total Investments (Cost - $504,521*) - 163.7% 528,805
Other Assets Less Liabilities - 2.0% 6,338
Liability for Trust Certificates, Including Interest Expense Payable - (2.8%) (9,080)
Preferred Stock, at Redemption Value - (62.9%) (203,122)
-----------
Net Assets Applicable to Common Stock - 100.0% $ 322,941
===========
* The cost and unrealized appreciation (depreciation) of investments
as of April 30, 2007, as computed for federal income tax purposes,
were as follows:
Aggregate cost $ 496,010
===================
Gross unrealized appreciation $ 24,007
Gross unrealized depreciation (206)
-------------------
Net unrealized appreciation $ 23,801
===================
(a) AMBAC Insured.
(b) FGIC Insured.
(c) FSA Insured.
(d) MBIA Insured.
(e) The rate disclosed is that currently in effect. This rate changes
periodically and inversely based upon prevailing market rates.
(f) CIFG Insured.
(g) Escrowed to maturity.
(h) Prerefunded.
(i) Radian Insured.
(j) Investments in companies considered to be an affiliate of the Fund,
for purposes of Section 2(a)(3) of the Investment Company Act of 1940,
were as follows:
Net Dividend
Affiliate Activity Income
CMA New Jersey Municipal Money Fund 5,982 $90
(k) Represents a zero coupon bond; the interest rate shown reflects the
effective yield at the time of purchase.
(l) Represents the current yield as of April 30, 2007.
(m) Securities represent underlying bonds transferred to a separate
securitization trust established in a tender option bond transaction
in which the Fund may acquire the residual interest certificates.
These securities serve as collateral in a financing transaction.
(n) These securities are short-term floating rate certificates issued by
tender option bond trusts and are secured by the underlying municipal
bond securities.
Item 2 - Controls and Procedures
2(a) - The registrant's certifying officers have reasonably designed such
disclosure controls and procedures to ensure material information
relating to the registrant is made known to us by others
particularly during the period in which this report is being
prepared. The registrant's certifying officers have determined that
the registrant's disclosure controls and procedures are effective
based on our evaluation of these controls and procedures as of a
date within 90 days prior to the filing date of this report.
2(b) - As of September 29, 2006, with the conclusion of the combination of
Merrill Lynch's asset management business with BlackRock, the
registrant was migrated to BlackRock's trading and compliance
monitoring systems, and various personnel changes occurred. In
conjunction with these business improvements, there were no changes
in the registrant's internal control over financial reporting (as
defined in Rule 30a-3(d) under Act (17 CFR 270.30a-3(d)) that
occurred during the last fiscal quarter that has materially
affected, or is reasonably likely to affect, the registrant's
internal control over financial reporting.
Item 3 - Exhibits
Certifications - Attached hereto
Pursuant to the requirements of the Securities Exchange Act of 1934 and the
Investment Company Act of 1940, the registrant has duly caused this report
to be signed on its behalf by the undersigned, thereunto duly authorized.
BlackRock MuniHoldings New Jersey Insured Fund, Inc.
By: /s/ Robert C. Doll, Jr.
-----------------------
Robert C. Doll, Jr.
Chief Executive Officer
BlackRock MuniHoldings New Jersey Insured Fund, Inc.
Date: June 20, 2007
Pursuant to the requirements of the Securities Exchange Act of 1934 and the
Investment Company Act of 1940, this report has been signed below by the
following persons on behalf of the registrant and in the capacities and on
the dates indicated.
By: /s/ Robert C. Doll, Jr.
-----------------------
Robert C. Doll, Jr.
Chief Executive Officer
BlackRock MuniHoldings New Jersey Insured Fund, Inc.
Date: June 20, 2007
By: /s/ Donald C. Burke
-------------------
Donald C. Burke
Chief Financial Officer
BlackRock MuniHoldings New Jersey Insured Fund, Inc.
Date: June 20, 2007